The road to home finance has been a long one for the Kingdom, but with its highly anticipated mortgage law edging ever closer to ratification, would-be homeowners and financial institutions are gearing up for a new era of opportunity.
With the announcement this year of a US$66.7 billion initiative to address the demand-supply imbalance in the Kingdom’s housing market, social infrastructure spend is topping the Government agenda as it focuses on building affordable homes for the future.
The South-East Asian island has seen a number of distinctive developments come to fruition over the past few years as the country further establishes itself.
The redevelopment of Riyadh’s urban heartland is picking up pace with the emerging King Abdullah Financial District the first in a series of groundbreaking projects redefining the skyline and positioning the city as a world-class financial hub.
The announcement that the 2022 FIFA World Cup will be held in Qatar has had significant impact on the country as it prepares to host one of the most anticipated sporting events in the world.
During 2010 London’s West End overtook Tokyo as the most expensive location in the world in which to rent office space.
Saudi Arabia’s commitment to delivering a world-class infrastructure is moving ahead at breakneck speed with road, rail, air and seaport projects jostling for space alongside groundbreaking power and energy initiatives.
Investment in the Kingdom’s burgeoning industrial sector is proving to be a win-win opportunity for both eager investors and the Saudi economy.
RAK Ceramics, the world's largest ceramic tiles & bathware manufacturing company, has reaffirmed its strong presence in the European market following a successful showcase of its latest collections at the Castorama Fair 2011 in France.
Top ranked emerging markets for global retail expansion, revealed by A.T. Kearney
Middle East markets are benefiting from the ongoing global economic instability according to research carried out by CB Richard Ellis.
The popular uprisings in Egypt’s Tahrir Square earlier this year marked the end of President Hosni Mubarak’s rule but cost the lives of 846 residents and injured 6,000 more.
A reported US$600 billion worth of investment opportunity is up for grabs in the Kingdom between now and 2020, and with the country leading the region in the World Bank ease of doing business rankings, it’s attracting increasing interest.
A commentary by Masood Ahmed, director, Middle East and Central Asia Department, International Monetary Fund.
Study shows that corporations who promote CEOs from within experience superior long-term financial performance.
Hilton Worldwide has partnered with the Al Habtoor Group to convert two hotels in Beirut to the Hilton brand and to develop the very first Waldorf Astoria property in Dubai.
Cristal Hotels and Resorts has announced the opening of its new hotel, Cristal Salam Hotel, Abu Dhabi in the 3rd quarter of 2011.
Mina Al Fajer Real Estate LLC - a leading property developer, has announced that the contracting firm, Intermass Engineering & Contracting Co. L.L.C., will construct its Fairmont branded hotel in Dibba, Fujairah.
UK-based engineering consultancy Hilson Moran has signed an agreement to form a joint venture in Qatar aimed at tapping into the Gulf country’s booming $3 billion construction sector.
The real estate market regulator of Ajman is offering investors in troubled developments the opportunity to get alternative units at the current market price.
The Dubai World Special Tribunal has rejected a request by property developer Nakheel to send a case filed by its former CEO to full trial.
Baniyas Investment and Development Company (BID) has announced that the construction works on Phase II villas of Bawabat Al Sharq, the AED 3 billion, mixed-use development in Bani Yas is progressing as sheduled.
RAK Properties PJSC, Ras Al Khaimah's leading property developer, has partnered with HÜlsta Furniture, the German leader in furniture manufacturing, to offer customers of Mina Al Arab world class interiors.
Cayan Real Estate Investment & Development has announced the successful completion of Silverene, the towering residential project that comprises of two towers in Dubai Marina.
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